6340 Melton Road Portage, IN ^$ 649,000

6340 Melton Road

^$ 649,000

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6340 Melton Road

Portage, IN, 46368

^$ 649,000

Studio Baths0.0

Monthly Estimate*

^$ 4,533

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Studio

Commercial Property for sale in Portage, IN

for $649,000. This building was built in 1948 on a lot size of 3.932.

TRY THIS FOR SIZE and the perfect location provides excellent exposure for commercial premises in a rapidly expanding location. These 4 acres will allow you to develop endless opportunities with multiple ventures on one parcel. Zoned Highway Commercial and placed in a TIF district, surrounded by several Hotel brands, Bass Pro Shop, Dunkin Donuts, and Luke gas station. Positioned conveniently by major highways and roadways sure to grant your endeavor maximum visibility to meet your everyday business, staff, and customer needs! **Building has been demolished, cleared for your development!

Commercial Active

Price

^$ 649,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,863

Style

Unimproved Land

Lot Size

3.932

Year Built

1948

Town/City

Portage

County/Region

Porter

MLS | Web ID

520332

Features

General

Interior Features Elevator

Sewer None

Heating None

Utilities Natural Gas Available

Exterior Features None

Security Features Other

Year Built 1948

Electric Other

Township Portage

Property SubType Unimproved Land

Tax Year 2024

Gross Income 0

County Porter

Net Operating Income 0

Insurance Expense 0

Property Type Commercial Sale

Subdivision Name N/A

Building Features Other

Close Price 0

Status Active

Directions US Hwy 20 W (Melton Rd) & SR 249 on North side of US Hwy 20

City Portage

Lot Size Square Feet 171277.92

Street Name Melton

Property Attached Y/N N

Tax Annual Amount 7863.2

Electric Expense 0

Current Financing Cash Conventional

Trash Expense 0

Virtual Tour https://tours.vht.com/API/T434278602/nobranding

Standard Status Active

Total Actual Rent 0

Taxes 0

Legal Description Legal Description: PAR IN S374.1 N935.1 W466.4 E1921.2 SE D#03-5071 1-36-7 ..923A

Exterior

Parking Features Other

Water Source None Public

Total Parking 0

Lot Dimensions SEE LEGAL

Lot Size Acres 3.932

Lot Size Source Assessor

Interior

Street Suffix Road

* Excluded Features

List By

Giorgios Karayannis

Listing Agent

@Properties/Christie's Intl Re

Broker

giorgios@atproperties.com

Affordability Calculator

$5,189

Per Month

Monthly Principal & Interest: $4,533
Monthly Property Taxes: $655
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Portage, IN

Average List Price ^$512,500

Percent of Sale Price 21%

About Portage, IN

36,542 Population

10% Since 2002

^$56,911 Median Income

38.34 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/2/2023	$649,000	-13.35%	Price Down
9/26/2022	$749,000		Listed Price

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6340 Melton Road, Portage, IN, 46368 is a Commercial Property for sale at $649,000 with a lot size of 3.932. 6340 Melton Road is a studio with 0.0 baths and was built in 1948. The property's zip code is 46368 which is in Portage, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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6340 Melton Road

Commercial Property for sale in Portage, IN

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